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Holland 49423
573 Central Avenue
$350,000
● House - Off Market

573 Central Avenue

Holland, MI 49423
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,217 Ft²
$332,458
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This gorgeous 1930's Tudor-style home is in the heart of one of the city's most sought after neighborhoods, known for attractive architecture and appreciating values. Walking distance to downtown, restaurants, shopping, parks and Holland Hospital. Notice the brick, stucco, wooden beams, and stone that enhance this exterior! Inside, there is no shortage of character with archways, hardwood floors, a wood-burning fireplace, and built-ins. The den is the perfect place to sip your morning coffee or read a good book. There are 3 bedrooms, 1.5 bathrooms and plenty of ways to modernize this home to maximize its potential and charm! Recent upgrades include: new A/C in 2021, new blinds, Andersen windows and a newly paved driveway.
Unit Size
2,217 Ft²
Days on Market
40 days
Land Size
0.14 acres
Price per sqft
$149
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1938

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #23009064)

Price History

Date / Event Date Event Price
May 8, 2023 Sold
Premium
Sold
Mar 29, 2023 Listed by Coldwell Banker Woodland Schmidt $329,900
Listed by Coldwell Banker Woodland Schmidt
Aug 8, 2013 Sold
Premium
Sold
Jun 27, 1983 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 875
  • Garage Type: 7
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,142
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AC VAN RAALTES ADD
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 66 FT OF W 1/2 OF S 1/2 OF THAT PART OF LOT 14 LYING BETWEEN 23RD & 24TH STS AC VAN RAALTE'S ADD NO 2 SEC 32 T5N R15W

Neighborhood

  • School District Name: Holland City School District
  • School Tax School District: HOLLAND
  • Census Tract: 025700

Zoning

  • Zoning: R-1

Geography

  • District: 65
  • Parcel: 70-16-32-259-016
  • Block: 259
  • Lot: 14
  • Meridian: SEC 32 TWN 05N RNG 15W
  • Municipality: HOLLAND CITY
  • Latitude: 42.776
  • Longitude: -86.1068

    Address

  • Full Address: 573 Central Ave
  • Address - House Number: 573
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Holland
  • Carrier Code: C013
  • 4-Digit Zip Code: 4848
  • Zip Code: 49423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $302,268

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 331,810
  • High Value: 390,826
  • Low Value: 272,794

    Market Valuation

  • Market Total Value: $242,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11237
  • Previous Sale Recording Date: Aug 08, 2013
  • Previous Sale Contract Date: Jul 26, 2013
  • Previous Sale Amount: $144,097
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Holland

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1699 ft²

Average Home Age

51.7 years

Currently For Sale

72 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Briana Beyer, Coldwell Banker Woodland Schmidt
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23009064
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 573 Central Avenue built and last sold?
The property at 573 Central Avenue was built in 1938 and last sold on May 5, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 573 Central Avenue is $342,013.
What are some comparable homes to 573 Central Avenue?
There are currently no comparable homes to 573 Central Avenue.
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